Lunnon Metals Limited provided an update on the progress of its drilling programme at the Baker Shoot, part of the Kambalda Nickel Project (KNP). Baker was discovered and progressed to a JORC 2012 compliant Mineral Resource of 15,800t1 of nickel metal @ 2.8% Ni within nine months of discovery and inside 12 months of Lunnon Metals' listing on the ASX. A programme of over 8,000m of RC drilling and 3,000m of diamond drilling has been underway since the geological interpretations were completed as part of the recent Mineral Resource Estimation (MRE) exercise.

The drill programme is infilling the MRE on 20m spaced sections in key areas for later mine design purposes. It is also looking to convert Inferred mineralisation to an Indicated level of confidence and extend the Inferred Resource, both down plunge and to the northeast, where the MRE is currently open. Results from the first infill line of drilling (section 6,531,180mN) are now back and contain multiple significant intersections (>1.0% Ni cut off, mineralised widths approximate true widths) including: 3m @ 5.51% Ni, 0.34% Cu, 0.10% Co, 0.91g/t Pd, 0.39 g/t Pt (119m - ECO22RC_046); 3m @ 6.71% Ni, 0.45% Cu, 0.11% Co, 0.86g/t Pd, 0.22g/t Pt (192m - ECO22RC_049); 5m @ 6.99% Ni, 0.64% Cu, 0.13% Co, 0.89g/t Pd, 1.66g/t Pt (203m - ECO22RC_049); 7m @ 4.53% Ni, 0.62% Cu, 0.10% Co, 0.83g/t Pd, 0.27g/t Pt (145m - ECO22RC_050); 4m @ 5.15% Ni, 0.37% Cu, 0.11% Co, 0.89g/t Pd, 0.61g/t Pt (155m - ECO22RC_050).

On this first section line, the widths and nickel grades returned represent an improvement on the MRE. Importantly, new nickel mineralisation has been recorded close to the komatiite-basalt contact beneath the current Baker nickel shoots for the first time (5m @ 6.99% Ni ECO22RC_049). Additional nickel mineralised zones have also been intersected outside the currently modelled shoots (e.g. 4m @ 5.15% Ni ECO22RC_050).

These new areas of mineralisation represent an opportunity for potential growth in the MRE.